Dubai Duty Free sales top $874 million in H1 2013


July 2, 2013 | By RetailME Bureau

Dubai Duty Free has announced a 13% increase in sales with turnover reaching $874 million (AED3.2 billion) for the first six months of the year. The figures signal an excellent prospect for the retailer’s 30th year of business, with an anticipated turnov er of $1.8 billion this year.

Perfumes, liquor and gold retained the top three category positions with perfumes in particular showing strong growth with a sales increase of 18% to $136 million (AED496 million) year to date, while gold retained its third position showing an increase of 13% to $88 million (AED322 million). Sales of tobacco were up by 13% to $74 million (AED269 million) while confectionery was up by 15% to $71 million (AED258 million) accounting for 8% of the total revenue.

Other notable increases in sales were seen in cosmetics and watches which rose by 17% and 22%, respectively, over the same period last year. Moreover, departure sales have increased by 13% compared to the same period in 2012 and similarly sales in arrivals and public shops have shown an increase of 15% and 24%, respectively.

“We are pleased that 2013 is shaping up to be such a positive year for Dubai Duty Free as we have seen an increase in consumer spending across all categories, with average spend per departing passenger at $48. We are looking forward to an equally busy period in the second half of the year. Plans are very much in place for the opening of retail operation at Al Maktoum International in October 2013 and we are busy working towards the planning of the new retail area with the opening of Concourse D,” says Colm McLoughlin, executive vice chairman of Dubai Duty Free.

Previous Article Next Article

SHARE

YOU MAY ALSO LIKE /


Sunil Kumar and Ali Saeed Juma Albwardy, Spinneys

One of UAE’s leading fresh food retailers, Spinneys has announced its intention 

Continue Reading

April 19, 2024 | By RetailME Bureau
Laura Manning, Managing Director & Founder, BRW Society

Launched in 2019 by Laura Manning, UAE-based homegrown brand BRW Society completes 

Continue Reading

April 5, 2024 | By Rupkatha B
Rajiv Warrier, Chief Executive Officer, Choithrams

Since the launch of its first store in the UAE five decades 

Continue Reading

March 20, 2024 | By RetailME Bureau
Dr. Dhananjay Datar Chairman & Managing Director ADIL Trading Co. LLC

Dr. Dhananjay Datar Chairman & Managing Director ADIL Trading Co. LLC holds 

Continue Reading

February 29, 2024 | By Rupkatha B
Hani Weiss, Chief Executive Officer, Majid Al Futtaim Retail

In 1995 regional retail conglomerate Majid Al Futtaim introduced Carrefour to the 

Continue Reading

February 26, 2024 | By RetailME Bureau
Prashant Parameswaran, Managing Director and Chief Executive Officer of Tata Consumer Soulfull

Tata Soulfull, a leading name in the ‘good-for-you’ snacks and breakfast cereals 

Continue Reading

February 22, 2024 | By Rupkatha B
Jean-Luc Graziato, Chief Commercial Officer of Majid Al Futtaim – Retail and Alia Al Harmoodi, Acting CEO of the Environment, Health and Safety Agency

Majid Al Futtaim – Retail, which holds the exclusive franchise to operate 

Continue Reading

February 20, 2024 | By RetailME Bureau
Krishna Dhanak, Managing Director, Alpen Capital

In an exclusive interview Krishna Dhanak, Managing Director, Alpen Capital shared insights 

Continue Reading

February 19, 2024 | By Rupkatha B
Majed M. Al-Tahan, Co-founder & Managing Director, Danube Online

As digital transformation across the retail industry continues to accelerate, the expectations 

Continue Reading

December 19, 2023 | By RetailME Bureau
Frederic Levy-Perrault, CEO, Al Raya Supermarket

Saudi Arabia-based grocery retail chain Al Raya Supermarket serves over 100,000 customers 

Continue Reading

December 15, 2023 | By RetailME Bureau
Ahmad AR. BinDawood, Chief Executive Officer, BinDawood Holding

BinDawood Holding has a rich Saudi heritage, spanning over 50 years, 38 

Continue Reading

December 13, 2023 | By RetailME Bureau
Majid Al Futtaim Retail commits to Collaborative Impact Goals at COP28

Majid Al Futtaim Retail, which owns the exclusive rights to operate Carrefour 

Continue Reading

December 8, 2023 | By Rupkatha B




Download Images RetailME Magazine